Crude oil futures hit another record high

Updated: 22:53, Wednesday, 24 August 2005

Crude oil futures surged to an all-time high this evening of $67.30 a barrel in New York.

1 of 1Oil - Tropical storm raises supply fears
Oil - Tropical storm raises supply fears

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Crude oil futures surged to an all-time high this evening of $67.30 a barrel in New York.

It came as supply fears were heightened by Tropical Storm Katrina in the Gulf of Mexico.

The price eclipsed the prior record of $67.10 which was reached earlier this month.

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